Salesforce Ventures Leads Vlocity Funding

April 17, 2015

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Salesforce Ventures has led a $42.8 million financing of Vlocity that values the company at $309 million. A $266 million pre-money valuation constitutes a 14x step-up from the post val in Vlocity's previous round, a $10 million funding last June. Built entirely on the Salesforce Platform, Vlocity's Industry Cloud Apps are cloud and mobile solutions designed to embed deep industry-specific functionality, best practices and business processes.